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Chow Tai Fook Jewellery Group (HKSE:01929) Pretax Margin % : 12.26% (As of Sep. 2023)


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What is Chow Tai Fook Jewellery Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chow Tai Fook Jewellery Group's Pre-Tax Income for the six months ended in Sep. 2023 was HK$6,074 Mil. Chow Tai Fook Jewellery Group's Revenue for the six months ended in Sep. 2023 was HK$49,526 Mil. Therefore, Chow Tai Fook Jewellery Group's pretax margin for the quarter that ended in Sep. 2023 was 12.26%.

The historical rank and industry rank for Chow Tai Fook Jewellery Group's Pretax Margin % or its related term are showing as below:

HKSE:01929' s Pretax Margin % Range Over the Past 10 Years
Min: 6.96   Med: 9.31   Max: 11.96
Current: 9.22


HKSE:01929's Pretax Margin % is ranked better than
77.46% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 2.98 vs HKSE:01929: 9.22

Chow Tai Fook Jewellery Group Pretax Margin % Historical Data

The historical data trend for Chow Tai Fook Jewellery Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chow Tai Fook Jewellery Group Pretax Margin % Chart

Chow Tai Fook Jewellery Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 7.41 11.96 9.08 7.86

Chow Tai Fook Jewellery Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.88 7.62 9.71 6.08 12.26

Competitive Comparison of Chow Tai Fook Jewellery Group's Pretax Margin %

For the Luxury Goods subindustry, Chow Tai Fook Jewellery Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chow Tai Fook Jewellery Group's Pretax Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Chow Tai Fook Jewellery Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Chow Tai Fook Jewellery Group's Pretax Margin % falls into.



Chow Tai Fook Jewellery Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Chow Tai Fook Jewellery Group's Pretax Margin for the fiscal year that ended in Mar. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=7446.5/94684.4
=7.86 %

Chow Tai Fook Jewellery Group's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=6073.7/49526.3
=12.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Chow Tai Fook Jewellery Group  (HKSE:01929) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Chow Tai Fook Jewellery Group Pretax Margin % Related Terms

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Chow Tai Fook Jewellery Group (HKSE:01929) Business Description

Traded in Other Exchanges
Address
16 - 18 Queen's Road Central, 33rd Floor, New World Tower, Central, Hong Kong, HKG
Chow Tai Fook Jewellery Group Ltd is engaged in the jewelry and watch business located in Mainland China. The company's geographical operating segment includes Mainland China and Hong Kong, Macau and other markets. It generates maximum revenue from Mainland China. Its product categories include ring, bands, necklace, pendant, earrings, chain, bracelet, and others. The company derives revenue from Gem-set, Gold products, Platinum/Karat gold products, and Watches.

Chow Tai Fook Jewellery Group (HKSE:01929) Headlines

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